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A machine, purchased for $50,000, has a depreciable life of five years. It will have an expected salvage value of $4,500 at the end of

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A machine, purchased for $50,000, has a depreciable life of five years. It will have an expected salvage value of $4,500 at the end of the depreciable life. Find the yearly depreciation and book value using the following methods: 1. Straight Line method 2. Declining balance method a=130% 3. Double declining balance method 4. Sum-of-year digit method 5. It was determined that the machine has a capacity of 50,000 units in its life span. What is its depreciation and book value if the machine produces 20,000 units, 15,000 units, 10,000 units, 3,000 units and 2,000 units yearly from year 1 to 5 accordingly; 6. Matheson formula; 7. Sinking Fund method at annual interest rate of 12%. NOTE: Only FINAL ANSWERS should be rounded-off. Do not roundoff values while you are still solving. Use the full capacity of your scientific calculator to temporarily store values

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